Housing in Cedar Rapids, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$190,000
Median List Price
$215,000
Price Per Sq Ft
$126
Days on Market
59
Active Inventory
249
Months of Supply
2.2
Seller's market
Zillow Home Value
$201,361
ZHVI — January 2026
Zillow Rent Index
$1,131
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
21.9%
Off Market in 2 Weeks
29.9%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
114
New Listings
117
Pending Sales
154
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$126
Median List $/SF
$136
Cedar Rapids vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Cedar Rapids is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$177,100
Median Rent
$925
Total Housing Units
63,669
Vacancy Rate
7.5%
Owner Occupied
68.2%
Renter Occupied
31.8%
Median Property Tax
$3,024
per year
Monthly Cost (w/ Mortgage)
$1,176
Housing Types
The current median sale price in Cedar Rapids, IA is $190,000 according to Redfin data. Homes spend a median of 59 days on the market. 21.9% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $126. Zillow's observed rent index is $1,131/month. About 68.2% of housing units are owner-occupied. The median year homes were built is 1973. There are 63,669 total housing units.